As the House and Senate budget committees begin the usual process of putting together a federal budget for the coming fiscal year, one of the big unanswered questions is how much they will be swayed ...
Is printing money bad for the economy? Well, it can cause inflation, devalue a currency and have adverse impacts for investments. But there's an "unorthodox" macroeconomic theory that has gained ...
Green Party leader Zack Polanski told George Eaton that “The fiscal rule we need to have is to make sure that inflation doesn ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
As predicted, conservatives have responded to the latest $1.9 trillion stimulus package with outrage about our growing national debt, and the taxes that will be required from our children and ...
An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...
“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...
There’s nothing new about “modern monetary theory.” And, actually, a lot of it is true. You can print all the money you like — that is, increase the supply — as long as there is a corresponding ...
Tick off a loss for the modern monetary theorists amid rising inflation, says InfraCap Founder and CEO Jay Hatfield. Modern Monetary Theory (MMT) is a macroeconomic lens which prescribes that ...
Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. There is a very long history of this in economics. Much of Keynesianism since ...
Modern Monetary Theory (MMT) has gained mainstream popularity in recent years with Senator Bernie Sanders of Vermont and Representative Alexandria Ocasio-Cortez of New York sharing their support of ...